A company of Rosneft group (Petrocas Energy group) and a company of Demiroren Group (Total Oil Türkiye A.ª.) signed a contract for the deliveries of diesel to Turkey.
The document was signed pursuant to the Heads of Terms on cooperation and supply of petroleum products, reached by the parties within the World Energy Congress in Istanbul (Turkey) in October, 2016.
The contract envisages the annual delivery of up to 550 thousand t of diesel, produced at Rosneft refineries. The first delivery will be carried out in January, 2017. Demiroren aims to use the products to be purchased for supplying its retail stations in Turkey.
In December 2014, Rosneft acquired 49% stake in Petrocas Energy, which owns and operates oil products terminal in Poti, Georgia and is specialized in transportation, retail distribution and international trading of oil products.
Demiroren Holding is a diversified group of companies that has leadership in different business areas in Turkey. Demirören Group owns and operates a network of more than 1100 fuel and autogas sations of such brands as Total, Moil and MILANGAZ, as well as multiple oil product terminals in Turkey.
Rosneft Information Division
tel: +7 (495) 411 54 20
fax: +7 (495) 411 54 21